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AFRICOAST ENERGY LAUNCHED
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AFRICOAST ENERGY LAUNCHED

FOLLOWING significant growth in the renewable energy business, 
AfriCoast Engineers SA has developed a sister company to exapnd
its vision.
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Newly launched Innovation Ecosystem Policy Hub launched

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The South African Innovation Ecosystem Policy Hub (SAIEPH) has been launched to help South Africa’s innovation community work together more effectively. The aim is to strengthen South Africa’s innovation ecosystem and improve how policy decisions are made. As the Policy Hub enters its pilot phase, which will run until 2028, it will build a clearer picture of South Africa’s innovation environment, help turn evidence and research into practical policy and action, and bring together stakeholders from across the globe.

UASA to embark on protected strike in sugar industry

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Labour union UASA says its members in the sugar industry will embark on a protected strike scheduled to start on August 15 in KwaZulu-Natal. UASA's wage negotiations on behalf of its members in the sugar industry, which started in February, have reached a deadlock after organised labour and employers failed to reach agreement on improved wages and benefits for workers.

Blu Label dragged by Cell C

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JSE-listed Blu Label Unlimited Group on Friday reported that it expects a significant decline in earnings for the year ended May 31, 2026. In a trading update to shareholders, the company warned that earnings per share (EPS) for the year under review is expected to plunge more than 100% to a loss of between 536.96 c and 542.5 c, compared with EPS of 276.52 c in the prior year.

South Africa's top court blocks Shell's Wild Coast exploration plans

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South Africa's Constitutional Court on Friday blocked offshore exploration led by Shell along the country's pristine Wild Coast, a setback for the oil major after years of legal challenges by local communities and environmentalists. The ruling is the latest outcome in a series of court cases that have dampened investor appetite and delayed exploration offshore South Africa.
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